Author Question: Which of the following is NOT included in measured U.S. GDP? A) the value of the pizzas produced ... (Read 37 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
Which of the following is NOT included in measured U.S. GDP?
 
  A) the value of the pizzas produced at Pizza Hut in Kansas City
  B) the value of leisure time
  C) the value of the goods produced at a French owned plant in Atlanta, Georgia
  D) the value of the services produced by a lawyer in Tampa, Florida
  E) the value of a plane produced by Boeing in Washington and sold to Air France

Question 2

Refer to the table above. If the factory plans to hire a seventh worker whose marginal product is 15 pairs, the total output after he is hired will be:
 
  A) 15 pairs.
  B) 105 pairs.
  C) 280 pairs.
  D) 295 pairs.



deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

deja

  • Sr. Member
  • ****
  • Posts: 332

 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

For a complete list of videos, visit our video library